Xencor Reports Fourth Quarter and Full Year 2020 Financial Results
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Go back to Xencor Reports Fourth Quarter and Full Year 2020 Financial Results
February 24, 2021 6:56 AM EST
Raymond James analyst Dane Leone upgraded Xencor, Inc. (NASDAQ: XNCR) from Market Perform to Outperform with a price target of $58.00.
The analyst comments "We are upgrading our recommendation of Xencor from Market Perform to Outperform and establishing a $58 price target. Our thesis is... More
February 23, 2021 4:03 PM EST
Xencor (NASDAQ: XNCR) reported Q4 EPS of ($0.24), $0.14 better than the analyst estimate of ($0.38). Revenue for the quarter came in at $41.85 million versus the consensus estimate of $29.46 million.
"Throughout 2020, we advanced multiple clinical programs, introduced several new XmAb® bispecific technologies, and saw the progress of many partnered programs, including U.S. regulatory approval for tafasitamab, the second antibody with XmAb technology to achieve commercialization. Internally, early-stage clinical data have guided our decisions to advance several... More
